SouthState Bank Corp Grows Stock Holdings in Vanguard Total Bond Market ETF $BND

SouthState Bank Corp grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 315.5% during the fourth quarter, HoldingsChannel reports. The firm owned 14,943 shares of the company’s stock after acquiring an additional 11,347 shares during the period. SouthState Bank Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,107,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Vanguard Total Bond Market ETF by 99.6% during the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after buying an additional 18,677 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Vanguard Total Bond Market ETF by 19.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares during the period. Amundi raised its position in shares of Vanguard Total Bond Market ETF by 54.6% during the 2nd quarter. Amundi now owns 53,192 shares of the company’s stock valued at $3,897,000 after buying an additional 18,792 shares during the period. State Street Corp raised its position in shares of Vanguard Total Bond Market ETF by 10.8% during the 2nd quarter. State Street Corp now owns 7,757,324 shares of the company’s stock valued at $571,172,000 after buying an additional 759,261 shares during the period. Finally, Main Street Financial Solutions LLC raised its position in shares of Vanguard Total Bond Market ETF by 122.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 31,988 shares of the company’s stock valued at $2,355,000 after buying an additional 17,576 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.83 on Monday. The firm’s 50 day moving average price is $73.40 and its 200-day moving average price is $73.97. Vanguard Total Bond Market ETF has a one year low of $72.19 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.2473 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, June 1st.

Vanguard Total Bond Market ETF Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.